PPP Loan information for Spring timber corporation

$70,500

Spring timber corporation was initially approved for PPP Loan of amount $70,500, the current approved amount is $70,500. The loan was approved on 02/09/2021 by The Bank of Brookhaven reported 8 jobs and $70,500 was used to fund payroll.

Spring timber corporation is Existing or more than 2 years old

SPRING TIMBER CORPORATION

Date Approved

02/09/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SPRING TIMBER CORPORATION

Borrower Address

2342 Arlington Dr SW

Borrower City

Bogue Chitto

Borrower State

MS

Borrower Zip

39629-8408

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70500.00

Current Approval Amount

70500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124386

Servicing Lender Name

Bank of Brookhaven

Servicing Lender Address

411 Brookway Blvd

Servicing Lender City

BROOKHAVEN

Servicing Lender State

MS

Servicing Lender Zip

39601-3243

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bogue Chitto

Project County Name

LINCOLN

Project State

MS

Project Zip

39629-8408

CD

MS-03

Jobs Reported

8

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124386

Originating Lender

Bank of Brookhaven

Originating Lender City

BROOKHAVEN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70928.88

Forgiveness Date

09/20/2021

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